ORGANOCLICK AB (PUBL) PUBLISH INTERIM REPORT FOR Q2 2024
"During the second quarter, our operating profit/loss continued to improve to MSEK -0.1 (-0.4) despite the fact that sales decreased by -6 percent to MSEK 38.7 (41.0). The earnings improvement was driven partly by the continued strong sales development of our consumer brands and partly from lower raw material prices within the Functional wood business unit. Overall, this has led to an improved gross margin of 29.1 (26.9) percent. For the first time ever, the Group thus showed a positive operating result in the first six months of the year. Cash flow from operating activities also strengthened